Major companies that went bankrupt in 2024

2024 was a heavy year for corporate bankruptcies. High interest rates, debt maturities coming due, and post-pandemic demand shifts pushed well-known companies across retail, restaurants, healthcare, and industrials into Chapter 11. This is a list of the recognizable names that filed in 2024, with links to what the public record shows on each.

12 companies on the list · updated continuously

CompanyStateFiledWhat happened

The Container Store Group, Inc.TX2024-12-22completed a financial restructuring; emerged as a private company Party City Holdco Inc.NJ2024-12-21full liquidation of ~700 U.S. stores Spirit Airlines, Inc.FL2024-11-18mounting losses, a failed merger and unaffordable debt; plan effective March 2025 TGI Fridays Inc.TX2024-11-02closed 134 restaurants amid declining traffic and lease costs Tupperware Brands CorporationFL2024-09-17over $700M in debt amid falling demand for its housewares Big Lots, Inc.OH2024-09-09mass store closures across the chain Buca di Beppo, Inc.FL2024-08-04acquired by Main Street Capital via $27M credit bid; restructured to ~44 core locations Conn's, Inc.TX2024-07-23furniture and electronics retailer; wound down operations Rubio's Coastal GrillCA2024-06-05closed dozens of California locations Red Lobster Management LLCFL2024-05-19closed 100+ locations; emerged September 2024 under new ownership Steward Health Care System LLCTX2024-05-06~30 hospitals, one of the largest hospital bankruptcies on record Express, Inc.OH2024-04-22apparel retailer; assets acquired by a WHP Global-led consortium

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Drawn from public filings and reporting. Inclusion reflects a documented bankruptcy filing and is not a statement about any company's current operations. Not financial advice.